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drkohler said:

BasilZero said:

and processing wise they should be the same or next to what PS3/XBox360 had.

Since they use the same 8core Jaguar processor, that is pretty much a no-brainer. Better gpu could mean better textures, higher framerates or nothing at all if developers are taking the lazy route (which all 3rd parties will likely take).

Both consoles started off with the same processor. Both customized it to fit their needs. So no, they're not 100% identical.